Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced that Kuwait’s Warba Bank has digitally transformed its financial services and mobile banking using the power of Nutanix’s hyper-converged infrastructure platform.

Wolters Kluwer is continuing to respond to the U.S. CARES Act’s Paycheck Protection Program (PPP) by developing much needed financial technology to help local lenders.

FIME has released a new version of its automated open banking API test solution, TrustAPI+, including support for The Berlin Group, one of the largest open-access API standards.

The Global Legal Entity Identifier Foundation (GLEIF), has opened an office in North America to extend its global reach. Established by the Financial Stability Board in 2014 and headquartered in Switzerland, GLEIF supports the implementation and use of the Legal Entity Identifier (LEI) to drive transparency within global financial markets. The new office is located in New Jersey, in close proximity to America’s financial capital, and supports GLEIF’s strategy to drive broad voluntary adoption of the LEI worldwide by banks and other financial institutions.

Recently EY has revealed that Britain remains by far the most attractive country in Europe for financial services investment. According to the EY research, the UK recorded more than double the number of projects of any other European country, with 99 recorded last year. You can find the full story here.

EQ (Equiniti), an international technology-led services and payments specialist, is delighted to announce that it has partnered with Encompass to further bolster its KYC proposition.

EQ will work with Encompass to automate and use artificial intelligence to analyse data that helps build a dynamic picture of a company or individual in just minutes, enhancing EQ’s technological capabilities alongside their fully managed service. 

The financial services competitive landscape has evolved in recent years and it’s clear that fintechs have certainly disrupted traditional banks.

Fintechs include any financial tech company that serves any of the following areas; lending, blockchain, reg-tech, personal finance, payments and billing, insurance, capital markets, wealth management, money transfer and anything to do with the mortgage process.